job market

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Unemployment Falls to 9%
 Unemployment Falls to 9% 
Feb 4, 2011 8:17 AM CST

Unemployment Falls to 9%

But that's partially because many have stopped looking

(Newser) - The unemployment rate dropped sharply last month to 9%, the lowest level in nearly two years. But the economy added only 36,000 new jobs, the fewest in four months. The unemployment rate has fallen by eight-tenths of a percentage point in the past two months; that's the steepest two-month...

Recruiters: Columbia, MIT Are So 'Second-Tier'

If you didn't graduate from Harvard, good luck getting a top job

(Newser) - If you’re determined to get a great job, you might want to quit your course of study at Cornell or Dartmouth and transfer to one of the "top 5" schools: Harvard, Yale, Princeton, Stanford, and Wharton. A new study shows that recruiters for the best law firms, investment...

Hordes of Chinese Grads Battle for Scant Jobs

Long hours, tight quarters for members of 'ant tribe'

(Newser) - The number of Chinese college graduates has soared in the past decade—but there aren’t enough white-collar jobs to sustain the highly-educated young population, reports the New York Times . Traveling en masse to big cities, working six-day weeks, and living packed into cramped quarters, young graduates have earned themselves...

Law Student Asks School to Refund Tuition

Boston College third-year cites bleak job market, offers to drop out

(Newser) - A law student at Boston College has taken a look at the job market (and student loans) that await him—and would like a full tuition refund, please. In an open letter to the dean that ran in the EagleiOnline school paper, the anonymous third-year student offers to drop out...

Employers Like State School Grads, Not Ivy Leaguers

Survey says big companies prefer those from non-elite schools

(Newser) - Move over Harvard; when it comes to hiring entry-level employees, most businesses prefer to recruit from state schools, according to a new survey. The Wall Street Journal polled 479 of the country’s largest companies and asked where they did their recruiting. Of the top 25 schools they named, 19...

More Americans Becoming Day Laborers

Women, white-collar types hustling manual work

(Newser) - The high unemployment rate is making day labor in America the "occupation" of a far broader, more diverse population. While the informal nature of the sector makes it tough to compile accurate statistics, the number of people seeking casual work is rising across America, as is the number of...

Germany Bans Bosses From Checking Your Facebook

Some 45% of employers vet applicants on social-networking sites

(Newser) - You look great in your interview duds and make a smashing first impression, so what could torpedo your chances of getting the job? Those Facebook photos of you doing a kegstand. Move to Germany, reports der Spiegel, where Berlin has recently banned bosses from checking would-be employees' social-networking profiles. The...

Jobs Returning to Wall St. (if Not Main St.)

Banks and brokerages make with the hiring

(Newser) - Who says the job market’s in trouble? Not Wall Street, which after nearly two years of layoffs is in the middle of a bona fide hiring boom. Though the number of financial employees in New York fell by 2,800 in February, that loss comes after two straight months...

Critics Warn Jobless Benefits Becoming Welfare

Extensions up to 99 weeks too much, they say

(Newser) - The unemployment benefit program designed to help workers in the short term is turning into an expensive form of welfare as extensions continue, complain critics in Congress and elsewhere. Workers in the hardest-hit states can now claim benefits for 99 weeks, the longest period since the program began in the...

1 in 5 US Men Unemployed
 1 in 5 US Men Unemployed 
Jan 8, 2010 12:17 PM CST

1 in 5 US Men Unemployed

Recession has been especially hard on traditionally male jobs

(Newser) - Male unemployment has hit an all-time high, with a whopping 1 of every 5 working-age American men jobless, according to the latest government figures. The economic downturn has been especially brutal on traditionally male-dominated fields like construction and manufacturing, the Huffington Post explains, leading some to label it a “...

Is Palin Seeking Job on LinkedIn?
 Is Palin Seeking 
 Job on LinkedIn? 




THE UNEMPLOYED
Oct 19, 2009 6:46 AM CDT

Is Palin Seeking Job on LinkedIn?

Poster's also open to 'business deals'

(Newser) - Guess who's joined LinkedIn and is eager for gainful employment? A poster identified as always-surprising GOP rogue Sarah Palin is actively seeking "job inquiries" on the Internet network for professionals. Anyone interested can peruse the posted resume, which touts "Governor, State of Alaska" as the most recent gig....

America's Most Promising Jobs
 America's Most Promising Jobs 
Oct 11, 2009 5:49 AM CDT

America's Most Promising Jobs

Systems engineer rated best job, based on pay, growth, quality of life

(Newser) - Jobs like beer taster and video game tester are nowhere to be seen on CNNMoney's list of the 50 best jobs in America, ranked by pay, job growth, and quality of life. Systems engineer was rated the best overall job, while anesthesiologist—with a median pay of $292,000—topped...

Job Market Splitting Up Couples
 Job Market Splitting Up Couples 
Sep 22, 2009 5:18 AM CDT

Job Market Splitting Up Couples

Nearly 1 in 5 Americans relocates for new position

(Newser) - With the job market failing to recover along with the larger economy, two-career couples are facing tough choices and increasingly being forced into long-distance relationships. A recent survey has found that 18.2% of Americans who took new jobs in the second quarter also relocated, up from 11.4% a...

With Job Openings, Employers All a-Twitter

Social-networking site gives companies a cheap medium to find the techno-savvy

(Newser) - For some firms, Twitter is playing the role of headhunter: companies like Verizon and Microsoft are posting openings on the social-networking site, the Wall Street Journal reports. Job boards have “become saturated,” says a Newell Rubbermaid VP. “With Twitter, we don't have to go through that huge...

Survey Finds Unemployed 'Traumatized'

Two thirds of Americans who have lost jobs experience depression

(Newser) - The recession has left many jobless workers struggling to cope with the psychological stress, a new study finds. Researchers at Rutgers University said the financial strain that comes with being out of work, combined with the daunting task of seeking new employment in a difficult job market, has left many...

Unemployment Will Probably Miss 10%: Silver
Unemployment Will Probably Miss 10%: Silver
Analysis
Aug 10, 2009 11:52 AM CDT

Unemployment Will Probably Miss 10%: Silver

(Newser) - Lots of economists are predicting that unemployment, which at last count hung at 9.4%, will hit 10% before the calendar changes, but Nate Silver of FiveThirtyEight.com disagrees. For that to happen, the economy would need to lose another million jobs or so, and "the jobs picture is...

Jobs Lift Stocks; Dow Up 114
 Jobs Lift Stocks; Dow Up 114 
MARKETS
Aug 7, 2009 3:15 PM CDT

Jobs Lift Stocks; Dow Up 114

Unemployment report fuels rally

(Newser) - Good news about the labor market fueled a rally in stocks today, the Wall Street Journal reports. Slowing declines in payrolls and a 0.1% drop in unemployment—both figures beat expectations—elevated investor sentiment. AIG jumped 22.2% after reporting a $1.8 billion quarterly profit. The Dow gained...

Credit Checks Trap Jobless in Financial Spiral

(Newser) - For many unemployed Americans, a new trend is keeping the prospect of a new job out of reach: detailed credit checks of prospective employees. Once used mostly for government positions, cheap credit checks are now routine at private employers seeking to cull huge applicant pools. Businesses say they're just...

1.5M Jobless Will Lose Benefits by Dec.

(Newser) - As many as 1.5 million Americans will lose unemployment benefits by the end of the year, reports the New York Times. Some 9 million Americans currently receive an average of $300 a week in unemployment, and many in the current recession have failed to find work for a year...

5 Jobs in Social Networking
 5 Jobs in Social Networking 
Jul 28, 2009 4:44 PM CDT

5 Jobs in Social Networking

(Newser) - Facebook addiction interfering with your work? Perhaps you should get a job where an intimate understanding of social networking is a prerequisite. Rachel Zupek runs down five possibilities for CNN.
  • Recruiter: The social networks are swarming with qualified candidates, "and it's about time recruiters joined them." They can
...

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